427 E  Gorham St #102, Madison, WI 53703
Property image
Property image
FOR RENT

$2,195/mo

Original price: $2,225
  • 2 Beds
  • 1 Bath
  • 964 sqft

427 E Gorham St #102, Madison, WI 53703

Capitol
Cost and fees breakdown
Price may not include required fees and charges.

Home Highlights

Apartment
No Pets
Laundry

Local Information

  • Map ViewExplore the area around 427 E Gorham St #102.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Nichols Station Apartments is a Madison Apartment located at 427 E Gorham St. The property features 2 BR rental units available starting at $2195. Amenities include Pet Friendly Community and On-Site Laundry. Water Included and Sewer Included included. Covered Parking parking available. Contact us for a showing.

Details for 427 E Gorham St #102

Days on Market

Days on Market: 49 days on Trulia

Property Information

Year Built
Year Built: 2015
Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: Contact For Details

Exterior Features

Parking & Garage
Parking: Off Street Parking, On Site
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Costs and Fees

Required monthly rent & fees
  • Base rent
    $2,195 - $2,395/mo
Required one-time fees
  • Security deposit
    Contact for details
  • Application fee
    Contact for details
  • Administrative fee
    Contact for details
Pricing is subject to change. All calculations are estimates and provided for informational purposes only. Actual amounts may include additional mandatory or optional fees. Please consult the community manager for a complete breakdown of all rental costs.
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Rental Market Trends in Capitol

Last updated Sep 2026
Trulia Rent Estimate$2,348/mo
Average rent
$2.1K
$460
MoM
Available listings
222
View rental market trends in Madison, WI

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Capitol

At least 54 Trulia users voted on each feature.
  • 97 % Say there are sidewalks

  • 94 % Say it's dog friendly

  • 91 % Say it's walkable to restaurants

  • 85 % Say streets are well-lit

  • 81 % Say it's walkable to grocery stores

  • 68 % Say people would walk alone at night

  • 55 % Say there's holiday spirit

  • 45 % Say car is needed

  • 43 % Say neighbors are friendly

  • 42 % Say parking is easy

  • 42 % Say there's wildlife

  • 42 % Say they plan to stay for at least 5 years

  • 34 % Say it's quiet

  • 31 % Say there are community events

  • 20 % Say yards are well-kept

  • 16 % Say kids play outside

Sourced by Trulia users. Learn more about our methodology.
  • Lkeillorcollins
    "Have lived downtown for 10 years. Love it. So much to do, restaurants, entertainment. The lakes. Easy access to public transportation. "
  • Nicholas Vest
    "I don’t see as many families in the new multi-level apartment buildings (the high rises). There are some families living downtown, but they might be in condos. The west and east sides outside the square and campus housing have many more families. Downtown is great for the children’s museum, farmers market, and monona terrace has live music, etc. sometimes. Outside of the square, there are nice parks for kids and families with play sets and beaches."
  • Jillian S.
    "Living downtown is great! Walking distance to almost everything and beautiful old trees and houses. "
  • Trulia User
    "College kids everywhere, and also government employees, politicians and young professionals. It’s an interesting mix that’s for sure."
  • Kilee R.
    "This is still really a big college neighborhood. Though there are more families here than elsewhere, it still gives off college vibes"
  • linda G
    " I love we're I live people are friendly helpful .I've lived here for 19 years love it here it's close to grocery store has stations in walking distance also close to bus stop the school is closed very good school .people are so nice and caring I actually sleep with door unlocked many times how often can you do that in other places I feel very safe here . "
  • Natasha O.
    "Lots of friendly dogs walking in the downtown area. Close to dog parks. Very close to a dog park with trash receptacles. "
  • Madelinefritz
    "Close to Bars and restaurants. Close to the lake path. Not close to quality grocery stores. Mosquitos and spiders are plentiful in this area. Housing Prices way too high."

Local Legal Protections

LGBTQ • Source of Income

Price and Tax history

DateEventPrice
Sep 18, 2026
Source: Zillow Rentals
PriceChange
$2,195
Price decreased by 1%
Jul 18, 2026
Source: Zillow Rentals
PriceChange
$2,225
Price decreased by 2%
Jun 9, 2026
Source: Zillow Rentals
Listed For Rent
$2,275
May 8, 2026
Source: Zillow Rentals
ListingRemoved
$2,275
Jan 29, 2026
Source: Zillow Rentals
Listed For Rent
$2,275
Wisconsin Management Company, Inc.

Frequently asked questions about 427 E Gorham St #102

  • What income do you need to rent 427 E Gorham St #102?
    Most landlords look for monthly gross income of about 3× rent, or roughly $80K per year to rent 427 E Gorham St #102 in Madison, WI at $2,195/mo.
  • What's the average rent in Capitol?
    The average rent in Capitol is $1,723 per month.
  • How does the rent for 427 E Gorham St #102 compare to similar 2-bedroom apartments in Capitol?
    427 E Gorham St #102 in Madison, WI rents about 25% above the area average for 2-bedroom apartments in Capitol ($1,760/mo).
  • What do residents say about the Capitol neighborhood?
    Residents describe the Capitol neighborhood in Madison, WI as pedestrian-friendly, dog-friendly, and walkable to restaurants. See apartments for rent in Capitol, Madison.
  • Does 427 E Gorham St #102 have parking?
    Yes, 427 E Gorham St #102 in Madison, WI has on-site parking.

Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
$79,020 PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.

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427 E Gorham St #102, Madison, WI is a 2 bedroom, 1 bathroom, 964 sqft apartment built in 2015. 427 E Gorham St #102 is located in Capitol, Madison. 427 E Gorham St #102 was listed for rent for $2,195/month on Jun 9, 2026.